---
ticker: "QLVE"
name: "Northern Trust Emerging Markets Quality Low Volatility ETF"
url: "https://etf.net/etf/QLVE"
grade: "B"
score: 61
graded_at: "2026-10-12"
category: "Emerging Markets Multifactor"
category_rank: "8 of 20"
methodology: "https://etf.net/methodology"
---

# QLVE: Northern Trust Emerging Markets Quality Low Volatility ETF

Grade **B**, Score 61 of 100. Rank 8 of 20 in Emerging Markets Multifactor.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 100 | 1 of 20 |
| Mission | 93 | 2 of 3 |
| Risk | 62 | 4 of 19 |
| Tradability | 11 | 20 of 20 |
| Holdings | 33 | 17 of 20 |
| Durability | 33 | 18 of 20 |

## Top holdings

The fund holds 156 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Manufacturing Co Ltd Common | 15.82% |
| 2 | 005930.KS | Samsung Electronics Co Ltd Common Stock Krw 100 | 7.00% |
| 3 | 000660.KS | Sk Hynix Inc Common Stock Krw 5000 | 4.66% |
| 4 | 0700.HK | Tencent Holdings Ltd Common Stock Hkd 0.00002 | 2.55% |
| 5 | 1398.HK | Industrial & Commercial Bank of China Ltd Common | 2.28% |
| 6 | 005935.KS | Samsung Electronics Co Ltd Preference Krw 100 | 2.20% |
| 7 | 2454.TW | Mediatek Inc Common Stock Twd 10 | 1.59% |
| 8 | PETR4.SA | Petroleo Brasileiro SA - Petrobras Preference Brl | 1.42% |
| 9 | 2303.TW | United Microelectronics Corp Common Stock Twd 10 | 1.39% |
| 10 | 3988.HK | Bank of China Ltd Common Stock Hkd 1 | 1.22% |
| 11 | 3008.TW | Largan Precision Co Ltd Common Stock Twd 10 | 1.08% |
| 12 | HDFCBANK.BO | Hdfc Bank Ltd Common Stock Inr 1 | 1.06% |
| 13 | PETR3.SA | Petroleo Brasileiro SA - Petrobras Common Stock | 1.04% |
| 14 | 3034.TW | Novatek Microelectronics Corp Common Stock Twd 10 | 0.97% |
| 15 | BBSE3.SA | Bb Seguridade Participacoes SA Common Stock Brl | 0.96% |
| 16 | 2412.TW | Chunghwa Telecom Co Ltd Common Stock Twd 10 | 0.94% |
| 17 | 2892.TW | First Financial Holding Co Ltd Common Stock Twd 10 | 0.91% |
| 18 | CXSE3.SA | Caixa Seguridade Participacoes S/A Common Stock | 0.90% |
| 19 | 0270.HK | Guangdong Investment Ltd Common Stock Hkd 0 | 0.87% |
| 20 | DU.AE | Emirates Integrated Telecommunications Co Pjsc | 0.84% |
| 21 | 4904.TW | Far Eastone Telecommunications Co Ltd Common Stock | 0.82% |
| 22 | 4190.SR | Jarir Marketing Co Common Stock Sar 1 | 0.82% |
| 23 | 0939.HK | China Construction Bank Corp Common Stock Hkd 1 | 0.82% |
| 24 | 018260.KS | Samsung Sds Co Ltd Common Stock Krw 500 | 0.81% |
| 25 | PINFRA.MX | Promotora Y Operadora De Infraestructura Sab De Cv | 0.80% |
| 26 | MARICO.BO | Marico Ltd Common Stock Inr 1 | 0.79% |
| 27 | 033780.KS | KT&G Corp Common Stock Krw 5000 | 0.79% |
| 28 | MERVF | Manila Electric Co Common Stock Php 10 | 0.79% |
| 29 | PTTEP-R.BK | Ptt Exploration & Production Pcl Nvdr Thb 1 | 0.79% |
| 30 | HCLTECH.BO | Hcl Technologies Ltd Common Stock Inr 2 | 0.78% |

Source: etf.net, https://etf.net/etf/QLVE. Please cite the page URL.